Author: NBTC
Eos Stable Coin Chain (ESCC), an open blockchain using EOS EVM mechanism, has officially collaborated with zkLINK, a cutting-edge blockchain infrastructure platform. The partnership targets to utilize the scalable stablecoin network of Eos Stable Coin Chains and zkLINK’s advanced decentralized ecosystem to establish a relatively accessible and efficient crypto realm. The platform took to its official X account to disclose this development. ESCC is collaborating with @zkLink_Official to drive the next evolution of stablecoin transactions and AI-powered trading!With ESCC’s scalable stablecoin system and zkLink’s advanced decentralized network, we’re making crypto easier, faster, and more accessible for everyone.… pic.twitter.com/rBq7WTyhr5 — ESCC…
Bitcoin (BTC) is attempting to recover its $2 trillion market cap as bullish momentum builds. Recent technical indicators, such as the DMI and RSI, suggest the uptrend is gaining strength but also highlight the need for sustained buying activity to maintain upward pressure. Meanwhile, BTC’s EMA lines hint at a possible golden cross, which could propel the price to test critical resistance levels near $98,870 and beyond. However, failure to break these levels might result in a pullback, with key support zones at $90,700 and $88,000 coming into focus. Bitcoin DMI Shows the Uptrend Is Here The DMI chart for…
Ethereum price has formed a death cross pattern, risking further downward momentum as whales continue selling. Ethereum (ETH) dropped to $2,600 on Thursday, down by over 35% from its highest level in December last year. This decline happened the network continued to see weak demand among investors. Spot Ethereum exchange-traded funds had net outflows of $40.95 million on Wednesday, bringing the cumulative inflows to $3.1 billion. There are signs that some Ethereum whales have continued to dump their tokens. According to Lookonchain, one big whale deposited 20,000 tokens worth $52.8 million to Kraken. The same whale sold 20,000 tokens in…
eToro Group has confidentially filed a draft Registration Statement on Form F-1 with the US Securities and Exchange Commission (SEC) in relation to its planned initial public offering (IPO) of ordinary shares. As of now, the number of shares to be offered and the price range for the offering have not been specified. The IPO is expected to occur once the SEC completes its review of the Registration Statement, which is subject to market conditions and other factors. However, eToro has not set a definitive timeline for when the offering will take place. The company issued a press release in…
Coinbase is actively working with relevant Indian authorities, including the Financial Intelligence Unit (FIU-IND) in a bid to re-establish its presence in the market, according to a new report from TechCrunch, citing sources with knowledge of the matter. The move comes after the firm stopped onboarding new users in India in June 2023. The country’s authorities strictly regulate digital assets, despite their growing adoption. While crypto trading remains legal in India, banks largely avoid serving digital asset firms to maintain positive relations with the central bank, many industry participants reported. India already taxes digital assets, charging 1% tax-deducted-at-source (TDS) on…
A new report has predicted a spike in the market capitalization of blockchain in education, tipping the industry to reach over $7 billion by 2032. The report, compiled by HTF Market Intelligence, projects that blockchain applications in education will rise from its present level of $2.2 billion in 2025 to an all-time high of $7.2 billion in 2032. The projected ecosystem growth represents a compound annual growth rate (CAGR) of 15.6%, driven by various factors. According to the 143-page document, the march to over $7 billion market capitalization will be powered by the need to improve global education standards. For…
Amid ongoing market uncertainty, crypto whales appear uneasy holding assets, as evidenced by their recent actions. On February 14, 2025, blockchain transaction tracker Lookonchain shared a post on X (formerly Twitter) revealing that a giant whale had dumped 20,000 Ethereum (ETH), worth $52.84 million, to the Kraken cryptocurrency exchange. Whale Dumps 20,000 Ethereum (ETH) With this dump, the whale currently holds 50,874 ETH worth $134.80 million. However, looking at the post, it appears that this is not the first time this whale has dumped ETH. The most recent dump was noted on January 16, 2025, when Kraken witnessed a sale…
Today, Sora Ventures and its affiliates assumed board control of Bitcoin-focused HK Asia Holdings following the filing of director appointments. Effective Feb. 12, 2025, the filing marks a transition from holding a stake to assuming management responsibilities in the Hong Kong-based list company. The new board comprises twelve directors, with roles spanning executive, non-executive, and independent non-executive positions. The filing lists David Bailey and John Riggins of Bitcoin Magazine owner BTC Inc., Jason Fang from Sora Ventures, Siu Muk Lung (Chairman), Chung Chi Fai, and Mary Wong serving as executive directors. The board structure incorporates four committees—audit, remuneration, nomination, and…
XRP community commentators, including top U.S. attorney John Deaton, discuss the potential valuation for Ripple following its IPO. Notably, Ripple is again at the center of growing speculation about its potential valuation if it goes public. This speculation follows Donald Trump’s victory in the November 2024 U.S. presidential election and the anticipated resignation of SEC Chair Gary Gensler, known for his aggressive stance on crypto. Ripple’s CEO, Brad Garlinghouse, has hinted that the company could reconsider an IPO, a prospect previously dismissed due to regulatory pressures. Ripple Valuation Speculation Nietzbux, a prominent XRP community commentator, recently presented a valuation model…
The Binance cryptocurrency exchange has conducted massive crypto sales this year. Binance’s actions and the nature of the sales suggest the exchange is quietly paying its DOJ $4.3 billion fine. The DOJ fined Binance for breaking the law and not complying with the procedure set out by the US. Have #Binance paid their DOJ $4.3b fine by selling and moving crypto to #Coinbase? #Binance owed the US DOJ $4.3b in fines and had to pay in “forfeited property” by March 2025. (16 days)Based on their Proof of Reserves from Jan 1 2025 to Feb 1 2025 their balances of $BTC,……